Temp Now @ +100.
This calls for a 50/50 mix between JNK and LQD
However the overall funding level is only 37.5% (of 40% max.) due to the overall updraft in all interest rates.
If/when IEF falls to a toxic level, a further reduction would occur + a short on the LB (TBF) will take place
Yesterday added 4% positions in: FXE, YCS, FXA, UDN, along with a 2% position in PALL.
Looking to add a 4% position in EEM very soon.